Which act requires that investors receive significant information concerning investments offered for public sale?

The Federal Securities Act is the correct choice because it was enacted to establish a framework for regulating the securities industry and ensuring that investors receive essential information regarding the securities being offered for public sale. This act mandates that companies disclose financial and other significant information to potential investors, helping them make informed decisions on their investments. The goal of the Federal Securities Act is to promote transparency and protect investors from fraud by requiring full and fair disclosure of relevant data about the investment.

The Sarbanes-Oxley Act primarily focuses on corporate governance and financial disclosures to prevent accounting fraud, rather than directly regulating the information investors receive about public offerings. The Investment Company Act governs the organization of investment companies and the products they offer, while the Securities Exchange Act pertains more to the regulation of securities exchanges and the reporting requirements for public companies after they have gone public. While all these acts play roles in the securities regulation landscape, it is the Federal Securities Act that specifically mandates the disclosure of information before investments are sold to the public.